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Cable Update (GBPUSD)

  • #210,081
  • Mar 25, 2010 8:13am Mar 25, 2010 8:13am
Quoting cloggie

I am now with the shorters. Short 4948 based on the failure of the range and the 38.2 fib.

TS hit at 4928 for 20 pip gain, looking at where she goes from here. The Ma's are a bit of a mess.
  • #210,082
  • Mar 25, 2010 8:13am Mar 25, 2010 8:13am
Quoting quantts
Stop loss was executed. Realised loss 60 pips.

Good luck,
I've had days like that... could have been worse I suppose... Keep your chin up..

cheers,
R
  • #210,083
  • Mar 25, 2010 8:15am Mar 25, 2010 8:15am
waiting for either cable long, or fibre short signal...
  • #210,084
  • Mar 25, 2010 8:21am Mar 25, 2010 8:21am
Quoting samdani786
If you look in the Title line , you will see the name of the pair.
sorry, my bad..
I will be the number one Manager.
  • #210,085
  • Mar 25, 2010 8:23am Mar 25, 2010 8:23am
I don't know what your thoughts are guys but to me... that whole down trend was a retracement and NOT a reversal...

May be too premature to call but looks like a 61.8% retracement on the H1 from the last uptrend move.... if this is so.. looks like some LONGS (BULLS) are on the way ????

I' m abit reserved with this theory but lean towards it...

Cheers,
R
  • #210,086
  • Mar 25, 2010 8:23am Mar 25, 2010 8:23am
Quoting RChio
I've had days like that... could have been worse I suppose... Keep your chin up..

cheers,
R
Thanks mate.
I'll survive. Some favorable JPY positions still working for me, and its been a great month so far. Still up 1154 pips. Excluding the JPY. To be exact.

Good luck,
  • #210,087
  • Mar 25, 2010 8:28am Mar 25, 2010 8:28am
lets see what big dogs do
  • #210,088
  • Mar 25, 2010 8:30am Mar 25, 2010 8:30am
3rd test of 4915 awaiting break.
  • #210,089
  • Mar 25, 2010 8:32am Mar 25, 2010 8:32am
GU approaching oversold and looks like an entry at 1.4912 for a long with a TP at 1.4973, based on 200 MA on 5min for entry.

Rest of the day will go east, bouncing of previous levels.

cheers
  • #210,090
  • Mar 25, 2010 8:32am Mar 25, 2010 8:32am
DJI go up quickly.
  • #210,091
  • Mar 25, 2010 8:33am Mar 25, 2010 8:33am
Quoting joesen
DJI go up quickly.
DJ fut were up 60 before the open. Gold and oil still rising
  • #210,092
  • Mar 25, 2010 8:34am Mar 25, 2010 8:34am
I'm currently long both GU & EU resisting to go down further probably someone big is behind it trying to push both up.
  • #210,093
  • Mar 25, 2010 8:37am Mar 25, 2010 8:37am
Quoting Pyramus
I'm currently long both GU & EU resisting to go down further probably someone big is behind it trying to push both up.
those pairs are under too much stress from the dollar..after two losses on then i switched to yen pair today...long on usd and gbp agains yen..doing well..so much less stress
  • #210,094
  • Mar 25, 2010 8:45am Mar 25, 2010 8:45am
we need h1 open below 14920
  • #210,095
  • Mar 25, 2010 8:55am Mar 25, 2010 8:55am
hey guys, the man who talks too much is back???

so whats up? Looks like were trending downward... Looks promising. Hoping once we go below 4875 we can start really MOVING!
@pawpaw1000 on Twitter
  • #210,096
  • Mar 25, 2010 8:55am Mar 25, 2010 8:55am
Quoting pawpaw1000
hey guys, the man who talks too much is back???

so whats up? Looks like were trending downward... Looks promising. Hoping once we go below 4875 we can start really MOVING!

I left you guys again, gone short fibre
  • #210,097
  • Mar 25, 2010 8:58am Mar 25, 2010 8:58am
Quoting cloggie
I left you guys again, gone short fibre
well, I'm still short cable, see no reason to change my stance...
@pawpaw1000 on Twitter
  • #210,098
  • Mar 25, 2010 9:02am Mar 25, 2010 9:02am
bernanke is up... what you guys think hes gonna get up to? and do you think he will affect the market significantly or not really?
@pawpaw1000 on Twitter
  • #210,099
  • Mar 25, 2010 9:07am Mar 25, 2010 9:07am
Quoting pawpaw1000
bernanke is up... what you guys think hes gonna get up to? and do you think he will affect the market significantly or not really?
Morning
Soon>>> Fed Chairman Bernanke Testifies
Trade doesn't depends on feeling , out of trading i think us$ will go some more high as final leg before retrace
Well let's watch and everything possible

all take care
  • #210,100
  • Mar 25, 2010 9:08am Mar 25, 2010 9:08am
Quoting pawpaw1000
bernanke is up... what you guys think hes gonna get up to? and do you think he will affect the market significantly or not really?

It is the old meeting that got cancelled during the snow storms, he is talking about an exit strategy, may have some effect if he discusses taking liquidity out of the market which he will have to do eventually, just a matter of what timing.
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